Cost of Living: Monroe, LA vs Dardanelle, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Monroe | Dardanelle |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $212,500 | $155,000 |
| Average Rent (2 BR Apartment) | $1200 | $800 |
| Average Rent (2 BR House) | $1275 | $912.8 |
Housing Comparison: Monroe vs Dardanelle
- In Monroe, the median home price is higher at $212,500, while in Dardanelle it is $155,000.
- In Dardanelle, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Monroe.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Monroe | Dardanelle |
|---|---|---|
| Electricity Price | $11.42 | $12.36 |
| Natural Gas Price | $19.48 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Monroe vs Dardanelle
- Dardanelle has higher electricity costs at $12.36 per kWh, versus $11.42 in Monroe.
- Natural gas is more expensive in Monroe at $19.48 per unit, while it is cheaper at $17.08 in Dardanelle.
- Other utility costs are higher in Monroe at an average of $250, compared to Dardanelle with $200.